An attractive sector

  • The profitability of the Zambian manufacturing sector attracts international investors: the stock of (inward) foreign direct investments (FDI) doubled in less than 5 years (see graph displayed below).

Database source: Central Bank of Zambia. USD millions.

  • Specific tax incentives are available for investors operating in multi-facility economic zones or industrial parks.

A wide preferential market access

  • Goods “made in Zambia” are freely imported in many African countries.
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In more than 70 countries, locally manufactured goods benefit from preferential entry conditions
Source : WORLD TRADE ORGANIZATION (2019)

Goods “made in Zambia” benefit from preferential market access in many developed countries (U.S.A, European Union, China, Japan etc). In Africa, Zambian goods can be freely imported in 25 countries (South Africa, Egypt, Tunisia, Angola etc). They also benefit from preferential access in major international markets (U.S.A, European Union, China etc).

Investment opportunities

  • The greatest opportunities are in the following areas
Fertilizer and agro-chemicals products Agricultural machinery Wood products
To meet national agricultural growth targets, the local’s fertilizer consumption is expected to increase by more than 200,000 metric tons. Key raw materials used for the production of fertilizers are present in the Zambian’s soil. All fertilizers are currently imported. Zambian farms need to be mechanized. There exists a potential for the fabrication and assembly of low-end machines and tools. Since Zambian forest covers 2/3rd of the total area, there exists opportunities in producing locally a wide cross-section of wood products that are currently imported.
Construction materials Leather products Metals processing
The population of the capital city Lusaka is expected to double by 2035. In addition to wood products, other building and construction materials can be competitively produced locally. The existence of huge local livestock and wild animal resources makes the leather production (raw crocodile skins, wet blue leather, crust and finished leather cargo etc) particularly attractive. Given the abundance of mineral resources, potential for investments in the transformation of raw materials (copper etc) exists.